Hong Kong seizes over $10 million worth of gold disguised as machine parts in record smuggling bust\n
Publishing timestamp: 2024-04-09 08:12:01
Summary
Hong Kong authorities seized 146 kilograms of gold worth over $10 million disguised as parts of air compressors in the city's largest gold smuggling bust. The gold was molded and camouflaged to evade import tariffs in Japan. This is one of several gold smuggling cases in Hong Kong this year as gold prices hit record highs.
Sentiment: NEUTRAL
Tickers: XAU=,
Keywords: gold / us dollar spot, business news, crime, hong kong,
Source: https://www.cnbc.com/2024/04/09/hong-kong-makes-its-largest-ever-gold-smuggling-bust.html